An investigation by Republican staff members of the Senate's Committee on Homeland Security and Governmental Affairs has shown that China is plotting to plant spies inside the Fed.
A shocking new piece published this morning in the Wall Street Journal claims that over the course of a decade, China attempted to embed "a network of informants inside the Federal Reserve system."
According to an investigation by Republican staff members of the Senate's Committee on Homeland Security and Governmental Affairs, over a ten-year period, Fed employees were given contracts with Chinese talent recruitment programs, frequently including cash payments, in exchange for information on the American economy and changes in interest rates.
As part of their efforts, the nation even threatened to detain a Fed economist who was traveling to Shanghai. According to the article, the economist was jailed in 2019. Although we're unsure, WSJ writes that it is unclear whether any "sensitive informatio...